GIC HOUSING Share Price Up by 10%; BSE 500 Index Down 0.5%
May 12, 2021 10:48 AM

GIC HOUSING share price has zoomed 10% and is presently trading at Rs 133.

Meanwhile, the BSE 500 Index is at 20,171 (down 0.5%).

Among the top Gainers in the BSE 500 Index today are GIC HOUSING (up 10.1%) and GODREJ CONSUMER (up 23.4%).

MAHINDRA LOGISTICS and ASTRAZENECA PHARMA are among the top losers today.

Over the last one year, GIC HOUSING has moved up from Rs 65 to Rs 133, registering a gain of Rs 68 (up 104.3%).

On the other hand, the BSE 500 has moved up from 11,938 to 20,171, registering a gain of 8,233 points (up 67.8%) during the last 12 months.

The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI TOTAL GAS (up 1148.5%), INTELLECT DESIGN (up 914.5%) and ADANI ENTERPRISES (up 837.1%).

What About the Benchmark Indices?

The BSE Sensex is at 49,171 (down 0.9%).

The top gainers among the BSE Sensex stocks today are POWER GRID (up 4.2%), NTPC (up 2.3%) and L&T (up 2.2%). Other gainers include ASIAN PAINTS (up 1.0%) and SBI (up 0.9%). The most traded stocks in the BSE Sensex are NTPC and SBI.

In the meantime, NSE Nifty is at 14,824 (down 0.8%). The top gainers in the NSE Nifty include POWER GRID (up 4.6%), NTPC (up 2.4%) and L&T (up 2.1%). Other gainers include TATA MOTORS (up 1.5%) and ASIAN PAINTS (up 1.0%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 31,443 to 49,171, registering a gain of 17,728 points (up 55.01%).

GIC HOUSING Financial Update...

GIC HOUSING net profit down at Rs 149 million for the quarter ended June 2019, compared to a loss of Rs 350 million a year ago. Net Sales rose 1.5% to Rs 3.1 billion during the period as against Rs 3.1 billion in April-June 2018.

For the year ended March 2018, GIC HOUSING reported 24.8% increase in net profit to Rs 1.8 billion compared to net profit of Rs 1.5 billion during FY17.

Revenue of the company grew 12.2% to Rs 11 billion during FY18.

The current Price to earnings ratio of GIC HOUSING, based on rolling 12 month earnings, stands at 4.9x.